BitMEX Introduces Change of Mark Method for NOTUSDTK24

BitMEX
Announces
Change
of
Mark
Method
for
NOTUSDTK24

BitMEX,
a
leading
cryptocurrency
trading
platform,
has
announced
that
as
of
17
May
at
09:55
UTC,
the
Mark
Method
for
NOTUSDTK24
has
been
changed
to
Fair
Price
marking.
This
significant
change
was
made
possible
as
the
platform
has
constructed
a
robust
index
representing
the
spot
prices
of
NOT.

Introduction
of
.BNOTT
Index

The
NOT
token
is
now
priced
on
the
.BNOTT
index.
This
innovative
index
incorporates
NOT
prices
from
top
cryptocurrency
exchanges
like
Binance,
OKX,
Bybit,
and
Gate.io.
The
introduction
of
the
.BNOTT
index
ensures
a
more
accurate
and
fair
pricing
of
the
NOT
token.

Removal
of
Price
Protections

Along
with
this
change,
BitMEX
also
noted
that
the
Limit
Down
and
Limit
Up
price
protections
have
been
removed.
This
move
indicates
a
transition
towards
an
open
and
unrestricted
trading
environment
for
the
NOTUSDTK24
trading
pair
on
BitMEX.

BitMEX
urges
users
with
any
inquiries
regarding
this
change
to
contact
their
support
team
for
assistance.

Implications
for
BitMEX
Users

This
change
in
the
Mark
Method
for
NOTUSDTK24
to
Fair
Price
marking
is
anticipated
to
provide
a
more
transparent
and
equitable
trading
experience
for
BitMEX
users.
It
reflects
BitMEX’s
commitment
to
continually
enhance
its
platform
and
offer
superior
services
to
its
global
user
base.

Image
source:
Shutterstock

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